Yuriy_Bishko

Gold - local buy area ???

Long
Yuriy_Bishko Mis à jour   
TVC:GOLD   CFD sur Or (US$/OZ)
The global development of the triangle is not completed.
I am waiting for movement downwards.
Locally you can try long. (highly risky deal. Working against the trend.).
transaction risk I recommend 1% of the deposit.


Below is a description of descending triangle .

The descending triangle is recognized primarily in downtrends and is often thought of as a bearish signal. As you can see in the above image, the descending triangle pattern is the upside-down image of the ascending triangle pattern. The two lows on the above chart form the lower flat line of the triangle and, again, have to be only close in price action rather than exactly the same.

The development of the descending triangle takes the same amount of time as the ascending triangle , and volume again plays an important role in the breakout to the downside. (Some analysts believe that increased volume is not all that important. We, however, believe it to be paramount. We always consider the strength or weakness of volume as being the "straw that stirs the drink.")



Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.

P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Commentaire:
Trade fermée: cible de profit atteinte:
close part of the profit
and move S/L into break even
Commentaire:
close part of the profit
Trade fermée: cible de profit atteinte:
write to me if you want to learn how to trade GOLD

we nailed it
400 pips from our point
Commentaire:
nice target

Get access to the private club with VIP signals 👉 bit.ly/Biko_ViP

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube_Lessons
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.